Franco-Nevada sees opportunities amidst oil and gas slump
VANCOUVER — Royalty and streaming outfit Franco-Nevada (TSX: FNV; NYSE: FNV) is a money-maker, and it has seen big success through gold and platinum group metal investments.
Stock Markets/Investing
U.S. stocks end mixed, May 18-22
Wall Street closed mixed ahead of the Memorial Day holiday, as the Federal Reserve said it would likely raise interest rates this year, if the economy continued to improve. The Dow Jones Industrial Average dipped 0.2% to 18,232.02, while the…
TSX Venture closes above 700, May 19-22
The S&P/TSX Venture Composite Index registered gains during the shortened period, as it jumped 1.2%, or 8.17 points, before finishing at 703.48 points.
TSX ekes out small gain, May 19-22
Statistics Canada reported higher demand for cars, food and alcohol, which drove up retail sales 0.7% in March, after a 1.5% gain in February. Markets were closed May 18 to celebrate Victoria Day, but when they reopened, Canada’s main…
Short Position Report
Short positions outstanding at May 15/15 (with changes from April 30/15).
Newmarket Gold’s dream team aims to consolidate industry
VANCOUVER — If past success is an indicator for future prosperity, Newmarket Gold (TSXV: NGN) could very well be on its way to the top. The company’s board and management roster includes a variety of industry heavy hitters with…
TSX Venture edges up, May 11-15
The S&P/TSX Venture Composite Index eked out a 4.16-point gain over the trading session to close at 695.31. The index has been stuck at late-2008 levels of 700 points and below since November.
Wall Street gains, May 11-15
China cut interest rates for the third time in six months to shore up its economy, just as weaker-than-expected industrial production, retail sales and consumer sentiment in the U.S. cast a pall over the economy and hinted that the…
PearTree helps industry give back via charity flow-through
VANCOUVER — It’s not too often that a capital financing structure can be described as a true win-win situation. PearTree Financial has come close, however, with its innovative flow-through donation program, which helps mining…
TSX ends in the red, May 11-15
Canada’s main stock index retreated during the trading week. The S&P/TSX Composite Index fell 0.4% to 15,108.12. The S&P/TSX Capped Diversified Metals & Mining Index dropped 1.4% to 794.05, and the S&P/TSX Global Gold…
Northern Miner opens the TSX
The Northern Miner’s editorial and sales team, led by publisher Anthony Vaccaro and editor-in-chief John Cumming, had the honour of opening the Toronto Stock Exchange on May 7.
US equity indexes post marginal gains, May 4-8
The U.S. Bureau of Labor Statistics reported non-farm employers added 85,000 jobs in March, lower than its estimate of 126,000 jobs. In April employers added 223,000 jobs, trimming the unemployment rate to 5.4% from 5.5%. Meanwhile, Federal…